Core & Main to acquire Canada Waterworks
Core & Main Inc. has entered into a definitive agreement to acquire substantially all the assets of Canada Waterworks Inc. and Canada Waterworks Ottawa Inc. (collectively, Canada Waterworks), a Canadian distributor of water, wastewater and storm drainage products.
“Canada Waterworks represents the next step in building the Core & Main platform in Canada, as we continue to expand our reach and pursue the excellent growth opportunities in Ontario and beyond,” said Brad Cowles, president of Core & Main. “The addition of Canada Waterworks is a wonderful complement to the existing footprint Core & Main has in the province. It presents a great opportunity to further our leadership and operational teams in Canada to enhance how we serve our customers there.”
Established in 2014, Canada Waterworks sells products that assist contractors and municipalities in southern Ontario. Their experienced team operates from three locations in Toronto, Ottawa and Hamilton, Ontario.
“Core & Main provides Canada Waterworks a strong level of support to allow us to continue to operate as a local, Canada-based business, enhancing what we can offer our customers,” said Canada Waterworks President and CFO Guenther Koehler. “We appreciate that Core & Main has a culture that matches our own, with a focus on entrepreneurial spirit, associate support and customer focus."
INDUSTRIAL SUPPLY MAGAZINE
The September/October issue of Industrial Supply magazine features an in-depth cover story about American Producers Supply. Plus, we're featuring articles by contributing writers Dr. Bharani Nagarathnam and Frank Hurtte, as well as interviews with numerous product and distribution industry experts.
